AsianOil - Asia Oil & Gas
JERA joins in on Alaskan LNG action
JERA has signed a non-binding deal to buy 1mn tpy of LNG from the planned $44bn Alaska LNG project, giving the long-delayed venture new momentum.
Japan’s FTC raids eight firms over suspected diesel price-fixing
On September 10, Japan’s Fair Trade Commission (FTC) raided the offices of eight oil companies suspected of colluding to manipulate diesel fuel prices, potentially violating the Anti-Monopoly Law.
Pakistan ends ban on new household gas connections
Pakistan has announced the end of its three-year freeze on issuing new domestic gas connections, opening the door for households to access Re-Gasified Liquefied Natural Gas (RLNG)
Australia's Woodside to supply LNG to Malaysia's Petronas
Woodside Energy has signed a long-term agreement to supply 1mn tonnes per year of LNG to Malaysia’s state-owned Petronas for 15 years from 2028.
Thailand's PTTEP takes FID on first carbon capture and storage project
Thailand’s state-controlled upstream producer PTTEP has taken a final investment decision on its first carbon capture and storage development at the Arthit gas field
Australia's APA secures local consents for Northern Territory gas pipeline
Australian energy infrastructure operator APA Group confirmed last week it had the registration of an Indigenous Land Use Agreement (ILUA) with Traditional Owners for the Sturt Plateau pipeline (SPP) in the Northern Territory.
Delorean strikes biomethane deal with fellow Australian player Origin
Delorean Corp. has signed a binding gas sales agreement with fellow Sydney-listed operator Origin Energy for the long-term supply of renewable natural gas, marking another milestone for Australia’s bioenergy industry.
ZPEC and H&L Petroleum DMCC sign deal to drill eight wells in Iraq’s Diyala
Iraq’s state-owned Midland Oil Company (MdOC) has signed a contract to drill eight wells in the Naft Khana block of Diyala province, in a move aimed at boosting the country’s oil and gas production capacity
Iraq’s SOMO holds advanced talks with ExxonMobil on oil storage deal
Iraq’s State Oil Marketing Organization (SOMO) has entered advanced discussions with ExxonMobil to secure oil storage capacity in Singapore and explore new refining and profit-sharing opportunities in Asia
Bangladesh as Asia’s leading LNG spot buyer is less about power and more about vulnerability
The decline in domestic gas production on the home front lies at the heart of the shift. Output peaked at about 27bn cubic metres (bcm) in 2018 but is projected to slip to 20bcm by the end of the year.
Indonesia’s Medco Energi launches $50mn share buyback programme
Indonesian energy company PT Medco Energi Internasional Tbk (MEDC) has announced a share repurchase programme valued at approximately $50mn, equivalent to around IDR817bn.
Petronas' LNG operations in Sarawak remains unaffected amid security alert
Malaysia’s state energy company Petronas has confirmed that liquefied natural gas (LNG) production and supply at its facilities in Bintulu, Sarawak remain unaffected, despite a government warning of a potential security risk
India continues Russian oil purchases
Spot supplies of Russian crude to India remain steady, with cargoes arriving at a discount of around $2–3 a barrel to Dubai benchmarks, according to Anuj Jain, finance chief at Indian Oil Corp (IOC), the country’s biggest refiner
HD Hyundai Samho secures $173mn African oil tanker contract
South Korea’s HD Hyundai Samho Heavy Industries has secured a contract worth KRW242.2bn (around $173mn) to build two crude oil tankers for an African shipping operator.
Shell weighs sale of stake in flagship Australian LNG project
Onshore in Australia, Shell owns the Queensland Gas Company, acquired in 2016, on the opposite side of the continent, which produces coal-bed methane for LNG exports through the QCLNG plant at Gladstone, north of Brisbane.
China accused of escalating Taiwan tensions with oil drilling in disputed waters
By placing energy platforms in contested waters, China is signalling both defiance of international rulings and a willingness to tighten the squeeze on Taiwan.
US introduces bill to aid LNG exports to Taiwan
A bipartisan bill was introduced by two Senators on September 5 seeking to boost LNG exports to Taiwan.
Second Russian LNG tanker arrives in Chinese port defying sanctions
A second vessel transporting LNG from Russia’s sanctioned Arctic LNG 2 terminal has docked at a Chinese port.
Power of Siberia 2 gas pipeline deal with China to cut Russian domestic supplies
Completing the Power of Siberia 2 (POS2) gas pipeline linking China to Russia’s Yamal gas fields may reduce the amount of gas available to the domestic market, Russian Energy Minister Sergey Tsivilev said during the Eastern Economic Forum.
Indonesia’s Jhonlin Agro Raya expands output, wins Pertamina contract
Palm oil producer PT Jhonlin Agro Raya Tbk. (JARR), controlled by Indonesian tycoon Haji Isam, has reported stronger performance in the first half of 2025, addressing queries from the Indonesia Stock Exchange (IDX) on revenue growth
India’s fuel demand slips in August as monsoon rains hit diesel consumption
India’s transport fuel consumption stayed subdued in August at 2.74mn bpd, falling 6% from July levels as monsoon rains disrupted mobility across much of the country
China’s CNPC wins tender to develop fourth phase of giant Turkmen gas field Galkynysh
China’s CNPC has won a tender to develop the fourth phase of one of the world’s largest gas fields, Galkynysh in southeastern Turkmenistan.
Indonesia’s fuel shift sparks shortages at private retailers
Indonesia is facing temporary fuel shortages at private petrol stations after a large-scale shift in consumption from subsidised to non-subsidised fuel, Deputy Energy and Mineral Resources Minister Yuliot Tanjung said
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